|
TipstersHorse Racing Master > Tipsters
Tipsters are persons or services which will give you tips in order help you guess the outcome of a horse race or any other sporting event that you like to bet on. They base their assumptions on their vast experience and the odds which are being set by the bookmakers. Horse betting (or any other form of sports betting for that matter) is often a question of pure luck, especially for novices who know nothing about it. Usually, novices like to back the favorites in the hope that they will have a certain win. However, in the case of horse racing, the favorites win a mere 33% of all the races. And the money that a person who backs a favorite gets back as profit is not really worth it. That’s why, nowadays, there are more and more tipster services which specialize on betting exchanges, and more specifically, on laying second favorites. Laying second favorites is one of the most effective ways of earning impressive amounts of money, and it’s speculated that this is exactly what the bookmakers do in order to build up their small fortunes. The most important online betting exchange in today’s gambling market is Betfair, which is in control of an estimated 90% of the whole market. Tipsters which base their activity around betting exchanges like Betfair do it because there is the laying opportunity available. Lay betting is exactly the opposite of back betting, which is the standard way in which people bet. Whilst back betting consists in betting that a certain event will occur, lay betting is exactly the opposite, meaning that you bet that a certain event will NOT occur. Tipster services have their advantages. For instance, compared to betting software, human tipsters can also take into consideration more subjective matters, like the morale of a team or a jockey, etc. These kind of parameters are not taken into consideration by pieces of software. However, the tipsters industry is far from being strongly rooted, legally speaking. There are many debates regarding the definition of the service, and which is considered scam, which is not, and to take it further, which is legal and which is not. That’s why, when looking for a service, make sure you do some research and find out what the experiences of the previous users. And only after you find out that you can trust a service should you pay for their tipsters.
|
